Egypt: The State and Development of Aquaculture in Egypt
Egypt’s total fish production totaled 1.560 MMT in 2015 versus 1.482 MMT in 2014. The 5.26 percent increase was driven by an 8.2 percent increase in aquaculture production of 1.230 MMT,up from 1.137 MMT in 2014. Wild catch amounted to 330,000 MT in 2015, down 4.5 percent from 2014, due to overfishing. Egypt’s aquaculture industry ranks number 10 worldwide and number two in tilapia production, behind only China. By MY2020/21 soybean imports are projected to increase by 181 percent to 3.56 MMT from MY2015/16, driven by aquaculture and Egypt’s expanding soy-crushing industry. The surge in demand will benefit traditional suppliers such as Argentina, Brazil and the United States.
